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to show the pictures of daniel who wanted to be a firefighter when he grew up. people supported us after 9/11 we are here to rueturn the favo. we saw a photograph the class photo of lauren russos first graders who were killed on friday. this was grace mcdonald's class. she and 14 other kids, even as a little girl she knew she wanted to become a teacher. on friday she was where she wanted to be. filling in for a teacher on maternm maternity leave. >> it says me, since i've been with you. thanks for rubbing off on me. >> 30 and in love. tony and lauren russo. >> do you you remember the moment you realized you were in love with her? >> yes, the first date, i had with her i knew. >> at a wine bar where they shared her first kiss. she called him lovy. and she didn't like to honk her horn at people who cut her off in traffic. >> she liked to send him cards like this one. >> this card made me giggle and think of you very appropriate just bananas. >> these photographs taken two months before she died. >> this was a first one where i don't have a funny face. >> they celebrated one year of dating in
an unmanned american drone after they say it came into restricted airspace. u.s. officials say they have accounted for all the drones. we are live in the middle east straight ahead. >>> in 28 days your paycheck will get smaller. in 28 days your taxes will go up. coming up, a new proposal from republicans to keep us from plunging over the fiscal cliff. >>> three storms in one week. the west coast is getting hammered by rain. a live report minutes away for you. good morning. welcome to "early start" this tuesday morning. i'm christine romans. >> i'm zoraida sambolin. it's 5:00 a.m. in the east. >>> we begin with breaking news. iran claiming it has captured a u.s. drone. this is video from state television in tehran it shows two revolutionary guard commanders examining what appears to be an intact scan eagle drone. we don't know if it's the one they claim they captured. moments ago a u.s. defense official told barbara starr the u.s. navy has fully accounted for all unmanned vehicles operating in the middle east region. we have the latest developments now from cairo. a u.s. source says that
with us tonight. thanks so much. that's "the ed show." "the rachel maddow show" starts right now. >> good evening, ed. thanks. and thanks to you at home for joining us this hour. it was a strange bomb shell in washington today. a little bit of news that came from an unexpected source. bob woodward got his hands on an audio recording of the top commanding general in afghanistan meeting off the record with a fox news analyst. the meeting took place last spring. it was general david petraeus who was at the time commander of all u.s. forces in the war in afghanistan. and on the tape, fox news analyst says that she was asked by her boss, by the chairman of fox news to pass along some very specific advice for general petraeus. >> if you're offered chairman, take it. if you're offered anything else, don't take it. resign in six months and run for president. okay? and i know you're not running for president, but at some point when you go to new york next, you may want to just chat with roger. i just say what i have suggested and that we've discussed is next time you go to new york you're going to
a sign progress is quietly being made with both sides? rich edson is at the white house for us. rich. >> good evening, sandra. house speaker john boehner left the capitol building about 10 minutes ago. he will motorcade over here. he should be here in a short while to begin yet another meeting with president obama. the two had a phone call earlier this week. on the phone the house speaker said they made little progress. aides say over the last few weeks there has been little discussion, constructive discussion moving towards a compromise. this is yet another attempt to get something moving. the white house put an offer on the table. republicans called it a joke. house republicans put a offer on the table. white house said it wasn't serious. since then the two sides have not moved that much closer to one another. the white house wants immediate tax increase on families earning more than $250,000 through a tax rate increase. for republicans they want more detailed spending cut plan out of the white house before they agree to any revenue increases. that impasse has continued. when you t
. people's lives and jobs and retirement funds. >> thank you for being with us this morning. dave, you are headed to washington. let us know what's happening. >> he's going to fix it. >> we're going to have pizza. >> make sure you join us tomorrow. "squawk on the street" is next. ♪ >>> led zeppelin to wash away monday blues. congrats to the band for winning kennedy center honors last night. welcome to "squawk on the street." i'm carl quintanilla along with jim cramer, david faber live at nyse. melissa will join us in the next hour. we're kicking off the month of december with strength. anticipating good auto numbers today. greece unveiling that $10 billion eurobond buyback. a 52-week high in france and germany. our road map this morning begins in washington where fiscal cliff negotiations according to the "times" has "collapsed." at least for now. with less than a month until the deadline, who blinks first if anyone? >> goldman takes dell from a strength to a buy. is it time to look at the stock and maybe even other players in the beat up personal computer sector? >> manufacturing da
to facebook, like us and ask your question. >> talk of the day, sirius, the company announcing a $2 billion share buy back. and it's a $2 stock, but everybody knows it. mel's gone, howard's still there. >> all right, that does it for us today, again join me on facebook after the show for office hours. right now it's time for "squawk on the street." >>> good thursday morning, welcome to "squawk on the street," i'm melissa lee live from the new york stock exchange. negative across the board, looks like we're going to lose about 8.5% on the dow. we're watching for headlines out of an ecd press report. our road map this morning starting with apple, cratering on its biggest decline yesterday on four years, closing just pennies off the lows of the session. the stock continues lower premarket as investors watch the death cross watch. >> a cnbc exclusive, tim geithner says over the cliff is a must. >> bank of england and ecb keeps rates unchanged. europe continues to hang in there economically. >> and nat gas gets a boost. the government finds exporting it is better than keeping it here at home. >>
asset sales. >> you agree? you remember your name before -- >> that does it for us today. make sure you join us tomorrow. right now, time for "squawk on the street." >>> good morning, welcome to squawk on the street. i'm carl quintanilla, melissaly, jim cramer. nyse euro net selling itself to ice for 8.2 billion in cash and stock. david is here to break it down. >> go through some of the numbers four. the deal itself having been officially announced in the last half hour or so board signing off, call it about 8 a.m. eastern time. my sources tell me this all began a couple of months back when jeffrey spraker, the ceo of ice approached duncan niederauer, the ceo of the stock exchange about a potential deal. looking forward hearing from both men later in the program. as for the deal itself, if you're a new york stock exchange shareholder, mr. spreker built this account the past decade. 36% of the combined company will be controlled by current new york stock exchange shareholders. you get a premium. also an opportunity to participate in the continued growth of what will be a trading ba he m
, as tragic as it is, brings us a little closer together both in the nation and in washington, that would be a good thing. >> all right. top of the hour. good morning. 6:00 on the east coast, it's wednesday, december 19th. christmas is almost here. >> very respectful dialogue. the nra had a respectful statement. i think a lot of people showing respect on this. >> feel something may be be happening. >> feel some grown-ups, maybe. there are, of course, exceptions. >> there are a few. we have mike barnicle with us. you're not an exception. beautiful piece in "the daily news" today. we'll read that in must read. thank you very much. former treasury officials. mark ratner is with us as well. he has a must read. i'm serious. >> beautiful. >> also in washington, washington anchor for "bbc world news america" katty kay. >> no pieces, sorry. >> you'll write one next time. thank you. so we've got a lot to get to this morning. >> a lot to talk about today. >> those exceptions, what are you talking about? >> just in the conversation about everything you thought there were two exceptions. >> rick perr
show." i'm ed schultz. the rachel maddow show starts right now. >> good evening. thanks for joining us this hour after a day that will remembered in this country forever for awful reasons. for the people of newtown, we are with you today and in the weeks and months ahead that was the word today from ron barber, who was shot and wounded in the mass shooting in tucson last year that killed six people and wounded 13, including the grievous wounding of congresswoman gabby giffords. ron barber, who took gabby giffords' seat in congress after she stepped down to deal with her injuries. he said today, as those of us in tucson know, senseless acts such as these tear at the very fabric of a community. mark kelly, gabby giffords' husband said today i just spoke with gabby, and she sends her prayers from tucson. in oak creek, wisconsin, where four months ago this was another mass shooting at a sikh temple, another six people gunned down at that temple. a school superintendent there today told the local press that she cried when she heard the news out of newtown, connecticut. she said we always th
you very much for taking the time. >> thank you. >> thank you very much for joining us today, michael johnson, the ceo of herbalife. the markets are currently sitting around the lows of the day as we speak. the dow down by about 56 points, and that is it for "street signs" today. "closing bell" is coming up next. >> hi, everybody. good afternoon. we enter the final stretch and welcome to the "closing bell." i'm maria bartiromo at the new york stock exchange. scott, good to see you. here with scott wapner. the market near the lows on the day on fears that a deal to avoid the fiscal cliff may actually be a lot further away than we thought. >> more sparring today. deal, i don't know. if you listen to what they are saying today, scott wapner in for bill griffith. the president calling for compromise in a news conference today, but here on wall street there is a bit less optimism for the deal than we've felt in recent days. see where we sit right now. the dow is down 56 points. nasdaq and s&p under some pressure as well right now as we -- there you go. nasdaq is down six and the s&p, maria
exchange for us. sue? >> ty, it is a little bit after down side bias today. investors are losing enthusiasm over the fed's move. and more specifically, the employment rate. right now, the dow is down 57 points on the trading session. most of that drop cake after mr. boehner made comments about the continues impasse in trying to resolve the fiscal cliff. s&p down 23, down three quarters percent. and the nasdaq is down about half a percent. bob joins me on the floor of the nyse. the market is very undecided about what is happening in washington. what the feds know that perhaps we don't know. >> we are getting smacked around by these two separate events. the fiscal cliff as well as aftermath of what went on with the fed. i think the fed is still very important here. take a look the dow industrials. remember, we started moving down right after we saw mr. bernanke give his press conference. we talked about fiscal cliff having problems, not having the tools to deal with the fiscal cliff. the fed not having it, should we go over that. there we are dealing with the aftermath. remember something fol
it for us here in newtown. thank you for watching. "early start" begins next. ♪ >>> on this special edition of "early start," a community and a nation in mourning. >> newtown, you are not alone. >> the president, offering words of comfort and inspiration, to those trying to make sense of a senseless tragedy. >> the face of indescribable violence. in the face of unconscionable evil. you've looked out of each other. and you cared for one another. and you've loved one another. >> we're remembering the victims, 20 children and 6 adults. some who gave their lives to save others. >> she was truly selfless. she would not hesitate to save anyone else before herself, especially children. >> as more details emerge, people in the small community search for strength to face the difficult days ahead. >> we will move on. we will never forget. we will, in many ways, be made stronger for what has transpired. and we will get better. >>> good morning. and welcome to this special edition of "early start." >> it is 5:00 a.m. in the east. we're coming to you live from newtown, connecticut, this morning. it is a
and be willing to negotiate on spending. >> i see the future. the president lets us go over and then proposes a tax cut for the lower 98%. >> could you vote against it? >> he could do that for the two -- the two top rates is $400 billion. but he's got to do something on spending to address the problem. >> thank you, senator, for your time. right now it's time for "squawk on the street." >>> good monday morning. welcome to "squawk on the street." we're here at the new york stock exchange. let's get a check on how we're setting up for the first trading session of the week. we certainly have a lot to chew on over the weekend with the sunday talk shows, focusing on the fiscal cliff. it looks like we're looking at a lower open for the dow. as for the action in europe, really, the action focuses on italy where there's an impending political regime change. more on that in just a moment. the road map starts at the golden arches. mcdonald's blowing out expectations for november sales after the dismal drop in the month of october. hoping to fuel the rise, the bacon/onion/cheddar sandwich. >> there's on
with us. >> thank you for having me. >> that does it for us today. join us tomorrow. right now it's time for "squawk on the street." >> good tuesday morning. i'm carl with melissa lee, david faber, live from the new york stock exchange. jim cramer is on assignment today. well, are we getting close to a fiscal cliff deal or not. futures are up and the dow gained 100 yesterday. but there is room for skepticism. europe's grappling with the same question helped by some decent uk inflation data today. and a t-bill auction in spain. our road map begins with what appear to be significant progress in the debt negotiations overnight. a whose proposal looking to raise rates for those making more than $400,000 a year. but senator corker on squawk just poured a bucket of ice water on those hopes. >> whitney boosts her recommendations on citi, bank of america and discover financial. is that move by one of the more famous financial bears, a sign of a new era for banks? >> walmart is once again the target of a "new york times" investigation. but does the paper add anything new and can the stock outperf
, indeed, a wonderful life. that's it for us. thanks for watching. "early start" begins right now. >>> what made him snap? we're learning more about the mass gunman who opened fire in a shopping mall. >>> barrelling towards the fiscal cliff. >>> and what a concert, superstars for sandy relief, some of the greatest music performers on stage for last night's all-star benefit concert. >> did you stay up? >> i knew it happening. >> there is sir paul mccarthy playing with nirvana. good morning. i'm john berman. >> i'm zoraida sambolin. >>> up first, new information about the 22-year-old sandwich shop worker who killed two people and critically wounded a teenager at a suburban portland mall. friends say jacob roberts was a happy young man until about a week ago when he quit his job and told his ex-girlfriend he was moving to hawaii. we are also learning more about the three people that robert shot. a dedicated hospice nurse, a former radio executive, remembered as a mentor and a jewelrymaker, and a 15-year-old girl who took a bullet to the chest but is expected to survive. dan simon is live from
are the electricity your tv is using comes from coal. coal, not oil, provides half the country's electricity, and there's a cost. miners die. >> they were great men. they were awesome men. >> that's why melissa lee says she's speaking out... >> thank you all. >> even though, she says, it's caused trouble for her in the cy. >> i was receiving phone calls making ugly comments that i need to shut up. [ticking] >> why are hundreds of freezing people gathering in the middle of the night in this knoxville parking lot? >> who's got number one? number one. number two? >> they're here in hopes of seeing a doctor. this is a clinic set up by remote area medical, a charity founded to bring doctors to the amazon, but now it's a lifeline for the uninsured here at home. >> you drove 200 miles to get here? >> yes, sir. >> and slept in this parking lot for seven or more hours? >> yes, sir. >> welcome to 60 minutes on cnbc. i'm morley safer. in this edition, we look at the hard times faced by millions of americans during the economic downturn. we begin with american families falling out of the middle class. t
again. >> we got to thank these guys. join us tomorrow. squawk on the street is next. >>> take a look at how we are setting up on this thursday session, the day after the federal reserve decision. a lot of economic data out this morning, jobless claims coming in better than expected. core ppi in line with consensus. retail sales light. as for the picture in europe, take a look there. really following the cues of the u.s. markets this morning. our road map today starts with the fed announcing a new round of stimulus as chairman ber bernanke warps the fiscal cliff is hurting growth. house speaker john boehner expected to talk on the cliff talks 11 a.m. eastern time. >> told you this week, of course, they were talking actively, now, sprint/nextel offering to purchase the other half of clearwire it doesn't own. >> surges of best buy surging on reports that the founder is on the verge of making a formal takeover bid. >> and google maps has found its way back into apple's operating system. >> of course, we have to start off with the markets. dow's five-day winning streak has been snapped, d
firefight in syria. they had been kidnapped and held for five days. this morning, they are with us live and will tell us what happened. >>> everyday hero. she was principal who laid down her life for her students in the tragic school shooting in connecticut. what her daughter wants the world to know about her mother. >>> and a deal in sight this morning. republicans and democrats could be closer than ever to an agreement on the fiscal cliff today. tuesday, december 18th, 2012. >>> from nbc news, this is "today," with matt lauer and savannah guthrie. live from studio 1a in rockefeller plaza. >>> and good morning. welcome to "today" on a tuesday morning. i'm savannah guthrie. >> i'm david gregory in for matt this morning. we've had some terrible news to cover recently. we have such great news this morning that we can share with everyone. our friend and colleague richard engel and his team have been freed unharmed and there they are. we look forward to talking to all of them to find out about their ordeal. >> a lot of us are exhaling this morning. of course, we'll get the latest from newto
, a u.s. investigation finds more evidence about how walmart used payoffs allegedly in mexico to advance its gold down there. it's tuesday, december 18th, 2012. "squawk box" begins right now. >>> good morning, everyone. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew ross sorkin. our guest host this hour is julia sed. fiscal cliff negotiations, our top story. now president obama is proposing leaving lower tax rates in place for everyone except those earning $400,000 and above. that's above the $250,000 threshold that the president has been demanding for months, but it is still far from speaker john boehner's request of $1 million. a source familiar with the talk says this is by no means the final offer for the white house. the move by the president was welcomed, albeit with some reservations. we will talk about the latest developments in just a few minutes. in the meantime, the global markets seem to be taking note of the optimism. you can see right now that those dow futures are up by 54 points. this comes after a decent rally for the markets yeste
see your doctor, and for a 30-day free trial, go to axiron.com. >>> final trades, kick us off. >> i love the way that the gas is trading. i like emn. >> i'm going contrary here. xrt. >> long yum. >> fxi, china on the long side. >> that does it for us. catch the documentary tonight, behind closed doors at mariott, start at okay. >>> "halftime" is over. second half of the trading day starts now. >> absolutely. spend the night in a hotel with scott walker tonight at 9:00. ats he froo free. fed leaving interest rates the same but that's not the news. there is a new bond buying program and making an historic move keeping interest rates down low so long as unemployment rates stays above 6.5%. tying the rate it an economic trigger. an date. fed chief bernanke gearing up in about an hour's time. apple moving into your living room. yes, sir. tech tightian reportedly closer to testing several tv set designs. will it be the game-changer that so many have been waiting on? and you heard it here on cnbc. j.p. morgan's jamie dimon. taking about the fiscal cliff. do they expect a deal? their take o
, bob doll will be giving us his lineup for stocks. that's coming up at 7:00 a.m. eastern time. at 8:00 eastern, a cnbc exclusive. david tepper, one of the world's top performing hedge fund managers will join us to give us some of his wisdom in a kaerc t can't-miss interview. a lot to talk about with him. in the meantime, why don't we get to some of today's top stories. we could see some movement in the fiscal cliff negotiations. house speaker boehner offering to raise the top tax rates on those making over $1 million a year as well as other measures amounting to $1 trillion in new revenue. that's in exchange for an equal amount in spending cuts. the white house has not yet accepted the proposal. >>> also, apple says it has sold more than 2 million in iphone 5s in china just over the last three days. that's the best ever debut for the iphone line in china. apple is china's second biggest market, although it did lose a lot of market share while they were waiting for that i5 to come out. and citi research has downgraded apple from a hold to a buy. you can see there just below $500. >>
opposes the -- roll back their rights. michigan and its workers' role in the revival of the u.s. automobile industry is a prime example of how unions have helped build a strong middle class and strong american economy. that has come from matt lairic before the president's speech there. polls show michiganders are torn, divided on this measure. some polls show a little bit of majority support on the effort. but the president is coming down squarely on the side of unions here. and he -- there is leave nothing room for doubt where he stands, brooke. >> that's what we're hearing, what you're getting from the white house today and certainly we don't know, but perhaps the president will mention what is happening not too far away in lansing. let me ask you, jessica, the fiscal cliff is something we have been talked about each and every day here on cnn, the president met with the speaker of the house and am i correct, has it been about a year since the two of them had a one on one face to face, so what are we learning detailwise from the meeting? >> the bottom line is the status appears
a paycheck. fox news request asked you what you thought. >> brian: most of us want spending cuts . pen percent said the country has budget problems and in terms of tax increases only 20 percent say it is a good idea. what is note worthy for the republicans, when asked who is doing a better job negotiating, porpercent said president obama. >> gretchen: two points come to mind . fox news polls are not just of fox news viewers. theses of americans in general. that said majority of all americans believe that we have a spending problem. the second point is there is cognitive dissidents. michigan votes over whelming for president obama, and yet now it is it a right to work state. voters wanted that which tends to be a republican ideal. wait a minute, people voted for president obama and they believed his message to tax people more . but asked what is the real problem, they say spending . >> the president did win the election and get in the way back machine and take you to the first press congress. he said i got got reelect that moneys i have jack up the taxes. >> when it comes to the deficit
nurse. >> sally cox. she'll be with us in a minute. >>> let's get right to the presidents right now. he spoke last night. he came here and met with the families. he was with allison, the granddaughter of the school principal. the president comforted the families yesterday. then delivered the speech. he told the people of newtown, they're not alone. a powerful call to action. a president filled with angry. >> i come to offer the love and prayers of a nation. mere words cannot match the depths of your sorrow. nor can they heal your wounded hearts. you're not alone in your grief. >> reporter: consolation first. and then, a call to action. >> this is our first task. caring for our children. if we don't get that right, we don't get anything right. can we truly say, as a nation, that we're meeting our obligations? the answer is no. these tragedies must end. and to end them, we must change. >> reporter: president obama, stricken and stern, promised to make america safer for our children. >> i'll use whatever power this office holds to engage my fellow citizens in an effort aimed at preventing
's largest church, will give us her perspective as we enter the fiebl final week before the christmas holiday. >> nbc's lester holt is here with more on the tragedy. good morning to you. >> good morning, savannah. tough weekend. the community needed the president to come here. he met with the first responders, the families. the speech he delivered was not one that many expected. he offered words of comfort, he also laid down a political gauntlet. for the fourth time since taking office, president obama stood before a community shattered by mass murder to offer words of comfort. >> i can only hope it helps for you to know that you're not alone in your grief. >> the president called last friday the worst day of his presidency. and this time he came with more than words of consolation. the president, sketching the outlines of what amounted to a policy statement on gun violence. >> can we honestly say we're doing enough to keep our children, all of them, safe from harm? i've been reflecting this on this the last few days and if we're honest with ourselves, the answer is no. in the coming weeks, i
and david faber. we're live from post 9 at the new york stock exchange. a vacuum here in terms of u.s. economic data. none on top today. we're looking at a flat open across the board. as for europe, movement there. the buyback of greek debt will in fact work. we're seeing just fractions of a percent in terms of changes there. our road map this morning starts with the latest in the fiscal cliff negotiations. the white house promptly rebuffs the gop counterproposal which calls for $800 billion in new tax revenue but without tax rate increases for the wealthy. could this tax issue deadlock the talks? >>> bank of america ceo warns the cliff must get stalled or the economy could be stifled well into 2014. >>> even more dividends pushed into 2012. coach, american eagle moving up and oracle will play out three-quarters of dividends this year. >>> more strength in housing this morning. toll brothers earnings top expectations. we'll begin with the fiscal cliff. governors are set to meet today with the president and congressional leaders. governors are concerned about the impact of deficit redu
to save everybody. cliff robbins, thank you for being here. join us tomorrow, "squawk on the street" begins right now. >>> a government fractured, a market paralyzed, a call to action. as our nation careens to the fiscal cliff. cnbc's challenge to lawmakers to rise above partisan politics, seem compromise and find the solution. the clock is ticking down. the stakes are getting higher. now, we are turning up the pressure. this is a cnbc special report, "mission critical: rise above d.c." >> welcome back to our continuing coverage, mission critical: rise above d.c. we've been here all morning long. while we've been here on capitol hill, we've been talking to lawmakers about rising above gridlock and reaching a real deal on the fiscal cliff. in the last hour we sat down with grover norquist saying no one should strike a bad deal, and that there is no better reason to raise taxes now than there was in the past. he also added he thinks house speaker boehner has been a good leader during the fiscal cliff negotiations. and then we were joined by bob corker and bob conrad. corker said we ne
. make sure to join us tomorrow. that's it for us. "squawk on the street" is next. >>> all right. with that, good morning. welcome to "squawk on the street." live at the nyse. we'll continue to monitor what jamie dimon does at the deal mark conference. we await the federal reserve statement, and news conference in just a few hours. as for europe, some green arrows, despite a miss in the eurozone in production this morning. >> the road map starts this morning with, of course, the fed. expectations for revamped bond buying program. what will the economic forecast say about next year and what to make of the "wall street journal" story that says academics are driving monetary policy at secret dinners in switzer land. >> more counteroffers in the debt negotiations. it looks like corporate taxes are part of the deductions. >> costco beats by 2 cents, better sales and better sales and membership fees. >> some more reports about apple tv today. the journal said it's designing a high -- new high-resolution set. microsoft trying to widen the list of retailers that will carry the surface ta
use the state purposely to come to conclusion and how to this day, those young men that lost 7-13 years of their life still not given any compensation. they were advocates on both sides. i was an advocate that believed in them. we're not talking about advocates here. we're talking about police. we're talking about people with the power of the state that had children with no lawyers or paren parents make confessions that they coached into and no one stepping forward to compensate anything. we'll discuss that next wednesday. thanks for watching. i'm al sharpton. "hardba "hardball" starts right now. >>> good ef ebbing. president obama deserves the best possible secretary of state. it's been my view some distance from the white house, that the president was truly undecided on whom this person should be. late today, ambassador rice's removal of herself from this situation made this situation through the pain involved easier. john kerry, if he is the one appointed, could end up a fabulous secretary of state. somebody to make this country truly proud. he lost the presidency by a singl
. happy anniversary to us. i'm melissa lee with carl and jim cramer and david faber live from the new york stock exchange. let's look at how we're setting up after yesterday's rally. particular strength in yesterday's rally. we didn't get housing starts, that's earlier today. as for the picture in europe, really the stand outout here is the euro. greece getting a five notch upgrade at the s&p. our road map this morning starts with gm. government motors no more. the treasury to exit its stake in the next 12 to 18 months, purchasing 2 million shares by the end of this month. >> another challenging quarter for fedex with the blame squarely on sandy. but the stock is up pre-market. >> oracle posts a strong quarter with even stronger guidance. the season rebound in europe. no impact from the fiscal cliff. >> and ge gets boosted from ubs's key call list on the weaker than expected macro environment. still on the list is including -- well tell you in a couple of minutes. >> general motors is up sharply in the pre-market session. the treasury department says it intends to sell the rest of its stak
. howard dean, great to have you with us -- >> i don't think so. >> go ahead. >> okay. i think we'll get -- we probably will have a couple quarters of recession but when we come out of it we'll be much stronger. >> yeah. governor dean, good to have you with us tonight. thanks so much for joining us. >> thanks a lot, ed. >> that's the news tonight. that's "the ed show." i'm ed schultz. for more let's go to "the rachel maddow show" starting right now. >> when it rains it pours. do you believe the amount of stuff that happened tonight? >> it's so much rain it's almost mud wrestling at this point. >> seriously. with better outfits. thanks, man. i appreciate it. an incredible night of news. thanks to you at home for staying with us for the next hour. do you want to know what just happened tonight in washington? do you want to know what just happened, with congress just unexpectedly imploding and the republicans in congress dissolving into a huge internal fight, including screaming matches within their own caucus and all of a sudden they're just turning off the light and abandoning what they w
inflation. i like oil, remind you it's an international market kind of driven by the chinese, not us, if eog resources goes down, consider that company as a place to put your money. remember, mark papa yesterday. and people want to sell the drug stocks on decline. here i'm not sure. sellers are worried that the government may be negotiating with the drug companies. you know what is probably really going on? i think that drug stocks have big dividends and after tax return on dividends will come down sharply after we go off the cliff. that was part of the deal of the cliff. what's not getting hit as hard as you would expect? how about companies that have marginal exposure to united states but are much more involved with china? you could see joy global keep its gains. that company's mining equipment is more dependent on a resurgent china than a possible slowing of the united states. we're cutting back on coal anyway. what's the most worrisome thing on the whole decline? that this is really day one in recognition that the ceos were had here, the foils to james dean's rebel without a cause triump
's take a look at the u.s. futures set up for the open first of the week. dow looking at about 50 points right after the open. as for the action in europe, taking its cues from the united states. we'll see a big rally in china extending one of its biggest rallies in three years. we have a mixed bag in europe with italy up by about .2 of 1%. >> we'll do our best to keep focused on the business day. we'll be following the tragic shooting in connecticut, of course. the new york stock exchange will hold a moment of silence to honor the victims in the next few moments, and we'll be looking at the president's call for meaningful action and the politics of gun control. >> let's get to a road map for this morning. it starts with apple. under pressure once again. even dipping below $500 a share at some point this morning. shares will remain range bound near term. iphone 5 sales and cannibalization among the region. >> other concessions from the gop, the speaker proposing tax hikes for millionaires. could this be the tipping point. moving the talks beyond deadlock. >> a big week for earnings. yes,
cliff are the same people that got us into the fiscal cliff with patches, patches, patches. >> it's a perfect business model, right? >> thanks for watching. happy holidays, everybody. >> see you on monday. >>> hi, everybody. happy friday to you. welcome to the closing bell. ten days and counting. how many? >> ten days and counting, not till christmas, but until we go over the fiscal cliff. we're not closer to a deal in washington today. you can tell from the sell-off, investors do not like it. >> no, posting their largest decline since november 14th, in case you were wondering. although we are off the lows of the session right now. the dow was down 189 two hours into the trading session. we've come off those lows. but at this point, the dow is down 1% for the week and we are down 1% today at 13,173. nasdaq lower, as well. let's see how many percentage points we're down right now. down 1.25%. the technology sector is taking a bigger hit today. down to 3,012 on the nasdaq and the s&p 500 index is down 1% at 1428. . >> house speaker john boehner says he's still open to a offer from t
himself, a noble attribute most of us take as quiet courage. as embarrassing as it is to admit he is one of the few top politicians in this democratic country to master foreign languages. not a small talent in world diplomacy. i like kerry because he's had the guts to run for office just like hillary clinton. he's had the nerve to stick his neck out and ask the voter to like him or not like him, to trust him or not trust him. that to me is the key to troou democratic government. i've said so before. i hope the president makes him his secretary of state. it would be the first strong move to building a powerful second term cabinet, to building the team that will with god's blessing take barack obama into global history. we americans need to be the peacemakers, john kerry can help barack obama be just that. joining me now is nbc news chief white house correspondent and political director chuck todd and t"the washington post" he's nia malika henderson. do you know when the president decided with or along with ambassador rice to decide that she should formally remove herself from consideratio
, president truman's decision to use an atomic bomb against japan. tonight we'll examine the process of making a tough decision. we'll hear about major decisions on an international stage, about corporate decisions, and personal ones. from taking down the most wanted man in the world -- >> the president turned to us and said, i made my decision. we are going to go with the raid. write up the orders. >> -- to giving up a dream career. >> it was this sense of almost unreality, of just -- i'm not sure i know who i am. >> to uprooting a company culture. >> some people actually quit. >> to opening the door to a closed society. >> this is like a spy thriller. >> absolutely. >> each of my guests has wrestled with a difficult choice. they will take us through their deliberations, their fears, and how they made their tough decisions. >>> at 11:00 p.m. on may 1, 2011 00:21 20111, two blackhawks, a translator, 23 navy s.e.a.l.s and a dog named cairo took off from jalalabad, afghanistan. the mission, to kill the world's most wanted man, osama bin ladin. >> the death of bin laden mark it is most significan
much. >> that's it for us tonight. it's been an extraordinary year. thank you for watching. >>> tonight the biggest names of 2012. my conversations with world leaders. >> the question was do you believe that israel -- >> translator: but i will get to that answer, please. don't be in such a hurry. >> do you trust ahmadinejad? >> not on this i don't. >> the word peace is almost become fashionable. >> headline makers. >> this is much more important than any election. >> if the president didn't know exactly what happened, he sure as hell should have. >> candidates -- >> i was the perfect candidate for america. >> what if mitt romney isn't the best person. >> the idea that somehow making a business profitable is different than helping people is really a foreign idea. >> and more. >> it's ridiculously easy for someone to purchase a gun. >> do you think homosexuality is a sin? >> i think that it's -- it's -- it's unnatural. >> did you get up this morning and have a quick -- >> i probably did, i probably did. >> "piers morgan tonight: the newsmakers" starts now. >>> good evening. one of the gr
, but like a bird, really beautiful. i used to say, mom, why didn't you try to get a career as a singer? no, she said she was too shy. she couldn't do it. and i'm basically shy too, but that makes the difference. how do you succeed if you don't try? >> how did you feel when your mother died? did you feel that you had reconciled things with her? >> basically, yeah. little -- a short time before she died, i remember going to her house -- and she had alzheimer's. she didn't recognize me really. but i started to sing her a melody of something she had sung when she was younger, and that she remembered, and it just shoeds y shows you the power of music, doesn't it? >> what was it you sang? do you remember? >> it was something that she made a record of when i was 13 and she took me, but it was really because she made the records, and i was able to make a record when i was 13. >> do you think she was proud of you? >> you know what it was? i used to say, ma, how come you never told me i love you? you never said those words or really hugged me. she said, i didn't want you to get a swelled head. she s
are closing down shop. let us know what you thought about tonight's show. there is an open thread, gretawire.com, good night from washington. >> greg: hello, i'm greg gutfeld with andrea tantaros, bob beckel, eric bolling, dana perino. it's 5:00 in new york city. this is "the five." ♪ ♪ so in times of tragedy, i know that opinions or facts don't help the suffering. saying gun violence dropped over 40 years or schools are safer than ever, that means very it will to people in shock. it's just noise. to me, it's like gun free zones. it sounds great but only in media who works in gun protected zones. fort hood, the dead weren't children but they were warriors, killed in a gun free zone in army base. you think the coward hasan didn't know that. evil seeks the vulnerable. so why can't a school be protected as 30 rock? is a talking head more valuable than a child? what do i know? i'm a talking head. i know nothing. as rare as the horrible events are, evil will always be. addressing mental health issues help, as we feel as the evil. each creep has the same m.o. but we report it like it's new. ma
from almost every bank. we were in a 1932 situation. >> because of everything else around us. we were focused on congress' ineptitude at that time. and we got more scared by their unwillingness to pass the t.a.r.p. >> i have tremendous faith in our economy. we had great numbers yesterday. we had a good head of steam in housing and durable goods. >> better than expected at least. >> i think you could cool the economy a little bit. but unlike 2008, where i was worried that my paycheck wouldn't cash and my bank would fail, unlike the debt ceiling -- >> i know that. i'm saying it is a very, very different time now, no doubt about it. the only thing being we're relying on our leaders in washington to try to craft some sort of solution. >> did you have quotes around the word leader then? i'm only watching your lips. if you were to type that, would there be quotes around leaders? >> yes. >> thank you. i rest my case. >> i'm willing to take those quotes off. >> if they show that they are truly leaders without quotes. >> i come to work every day, my tallahassee paycheck, still in my wallet. i
. that does it for us. we'll see you again tomorrow. thanks for watching. "early start" begins now. >>> the massive winter storm that hit the midwest, it's now smacking into the northeast. we're going to track the storm for you straight ahead. >>> and another day, another big fat no deal for the fiscal cliff. we go live to washington. the very latest details. >>> and michael phelps' pick for the athlete of the year. this is a surprise. this guy, he never wins anything. good morning. welcome to "early start," everyone. i'm john berman. >> i'm zoraida sambolin. it's nice to have you with us. it is early, 5:00 a.m. in the east. the fury of the first winter storm is making holiday travel very difficult if not impossible. today new england is expected to get slammed by that storm. at least seven traffic-related deaths in four states are blamed on this crazy severe weather. as the storm barrelled through the plains and the great lakes, more than a foot of wet, heavy snow fell in parts of iowa and wisconsin. there were hundreds of flights canceled right at the height of the holiday travel
this happens. is it going to be us versus them? >> this one might be different. i think that the innocence of the lives taken, the young tenderness of the age made people think what can we do? aside from some places where the talk is only about gun control, there has been a sense of anxiety about what we are not doing to help provide for families that have a loved one that is mentally ill and needs serious help before they do harm to nobody else. this one could be different. there might be something we can do. to help prevent it from happening again. >> it seems like we are talking about different variables to mental health issues to school security, to gun control previously we only focused on gun control. does it mean there is progress? >> andrea: i don't know. as hopeful that i am that dana is right it seems we have one side shouting their point. the other side shouting their point. you comedians making fun of one side, usually con seventives for trying to defend their point. there should be a waiting period. there needs to be time before everybody jumps up and down about this. song is
money." i'm jim cramer. see you tomorrow! hey, larry, what do you have for us? connecticut, where the first of the victims from the tragedy here were laid to rest today. this grieving town begins the process of saying good-bye, investigators continue their search for how and why it all happened here. i'll have more coming up. devastation of superstorm sandy, but wait until you hear about all the pork loaded into this $60 billion sandy relief bill. hardly any of it gets to sandy and the actual survivors. we'll get to all that. "the kudlow report" begins right now. >>> first up, 14 days and the clock is still running for a deal to prevent the nation's economy from falling off the tax and fiscal cliff. president obama, speaker boehner, they huddled at the white house today once again, but are we really any closer to a compromise? we go back to cnbc's eamon javers who joins us from washington with all the details. good evening. >> reporter: good evening, larry. you're right, they did meet today. it was a surprise meeting not announced as the previous meetings between the two men have
to you. thank you so much for being with us. i'm carol costello. this hour a nation pauses to honor the victims of last week's horrifying attack at a connecticut elementary school. many americans including president obama will take part in a moment of violence at 9:30 eastern. that marks the moment one week ago that the gunman burst into sandy hook elementary school. church bells will toll across the country 26 times to remember each of the children and educators killed, and after being noticeably quiet for the past week, the national rifle association holds a news conference next hour. the gun rights groups will comments on the shooting as it faces impassioned calls for tighter gun control. poppy harlow, jason carroll are in newtown on this somber morning. poppy is the at the town's memorial. good morning, poppy. >> reporter: good morning, carol. let's look at what has become this small makeshift memorial that began the day after the horrific shooting, has grown into something beautiful, it is blocks long, it is across the street and people will gather this morning and across this
crisis is upon us. which means there will be more money going to building and fixing up homes in 2013 than there was in 2012. so that means there will be up comparisons, and that's good. there will be sure to buy housing-related play into the fiscal cliff jump if we get one next week. oh, and i'm including banks. they've really taken off here, too. in large part that is because the housing crisis is over. how about the rest of the world's growth? not that long ago we heard very smart short sellers write off both china and europe it was on a year ago that italy and greece would be following in disaster. of course, they subsequently turned out to be the single best places to invest for fixed income in the world. not only did the sky not fall, but you had to do some serious buying to keep up with the others around the world. that's still the case. we have been buying an etf for my travel trust. was there a more uniform agreement than the idea that the euro had to die and the weaker countries were going into a depression? i think they'll have slow growth for years. we know a ton of countr
the second term agenda of president obama. john harwood joins us now live with all the details. good evening, john. >> reporter: good evening, larry. you know, the house has now passed on a party line vote, zero democrats in favor, about 20 republicans defecting the spending cut portion of john boehner's plan b. it would cut about $200 billion in spending, overt the automatic sequester cuts to defense programs that republicans have been opposed to. now, the debate bef bthe passage of that spending cut bill, and we still have yet to see the passage of the tax increase bill, which is gotten resistance from conservatives, that was an opportunity for both parties to frame the stakes, and eric cantor, the house majority leader, came on the floor and said, this puts the ball squarely in president obama's court. >> we house republicans are taking concrete actions to avoid the fiscal cliff. absent a balanced offer from the president, this is our nation's best option, and senate democrats should take up both of these measures immediately. >> of course, democrats have no intention of doing that. they
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